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Archive - 5/23/2025 - Sign In to see current Signals. |
Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Waste Management, Inc. (WM). During the week, the WM gained 6.94 points, or 3.02%, and closed at 236.81 on Friday, May 23, 2025. It was the best weekly gain since January 31, 2025. WM was trading at average weekly trading volume. WM is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WM long-term trend chart] A long-term uptrend had started on March 25, 2020 at 85.34 and reached 239.30 on April 3, 2025. WM gained -153.96 points, or -180.41%, in 262 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (189.34) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term uptrend had started on January 2, 2025 at 199.70 and reached 239.30 on April 3, 2025. WM gained -39.60 points, or -19.83%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (242.95) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart] A short-term downtrend had started on April 3, 2025 at 239.30 and reached 213.50 on April 9, 2025. WM lost 25.80 points, or 10.78%, in 6 days. The price is now at the 90.35% retracement level.
Daily Technical Indicators: [See WM daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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